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iPhone 15 Pro Models May Cost Up to $200 More Than iPhone 14 Pro Variants: Report

iPhone 14 Pro was launched at $999 (roughly Rs. 79,555) last year.

Written by Nithya P Nair, Edited by Siddharth Suvarna | Updated: 28 July 2023 11:26 IST
iPhone 15 Pro Models May Cost Up to $200 More Than iPhone 14 Pro Variants: Report

Photo Credit: Apple

iPhone 14 Pro Max is currently the most expensive iPhone model available in the market

Highlights
  • iPhone 15 Pro models might come with a higher price tag this year
  • The Pro model could see a price hike of $100
  • iPhone 15 series is expected to go official in September
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iPhone 15 family— including the vanilla iPhone 15, iPhone 15 Plus, iPhone 15 Pro, and iPhone 15 Pro Max — could be unveiled sometime in September. This year, the iPhone 15 Pro and Pro Max models are anticipated to be more expensive than the previous Pro models, and a new claim by a Barclays analyst corroborates this rumour. The vanilla iPhone 15 and iPhone 15 Plus will have the same price tag as the outgoing models. The iPhone 15 Pro is said to get new cameras and a faster chipset compared to the non-Pro models. 

As reported by MacRumors, Barclays analyst Tim Long mentioned in an investor note that iPhone 15 Pro models will come with a higher price tag than the ongoing iPhone 14 Pro models this year. The iPhone 15 Pro will reportedly cost up to $100 (roughly Rs. 8,000) more than the iPhone 14 Pro, whereas the iPhone 15 Pro Max could see a price hike of $100 to $200 (roughly Rs. 16,000) more than the iPhone 14 Pro Max. The analyst states that the pricing would remain similar for the standard iPhone 15 and iPhone 15 Plus models.

In the US, the iPhone 14 Pro was launched at $999 (roughly Rs. 79,555), while the iPhone 14 Pro Max, currently the most expensive iPhone model on the market, was priced at $1,099 (roughly Rs. 87,530). Based on Tim Long's estimate, the iPhone 15 Pro would start at $1,099, while iPhone 15 Pro Max is expected to have an initial price tag of $1,199 (roughly Rs. 98,000) or even $1,299 (roughly Rs. 1,06,864).

The vanilla iPhone 14 was announced with a starting price tag of $799 (roughly Rs. 63,700) and the iPhone 14 Plus starts at $899 (roughly Rs. 71,600).

Analyst Jeff Pu earlier in July claimed that the iPhone 15 Pro Max model will be priced higher than the existing iPhone 14 Pro Max. The increased cost can be attributed to several rumoured hardware upgrades including a fresh periscope lens, titanium frames, solid-state buttons with haptic feedback, USB Type-C charging ports, a brand-new A17 Bionic chip, and increased RAM.

A Bloomberg report earlier this week also reiterated that the iPhone 15 could have a higher price tag than the ongoing models. Apple is allegedly planning to hike the price of 2023 iPhone models to increase revenue. The company has reportedly set a target to produce around 85 million iPhone 15 units this year.

Apple unveiled its first mixed reality headset, the Apple Vision Pro, at its annual developer conference, along with new Mac models and upcoming software updates. We discuss all the most important announcements made by the company at WWDC 2023 on Orbital, the Gadgets 360 podcast. Orbital is available on Spotify, Gaana, JioSaavn, Google Podcasts, Apple Podcasts, Amazon Music and wherever you get your podcasts.
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Apple iPhone 15

Apple iPhone 15

  • REVIEW
  • KEY SPECS
  • NEWS
  • Design
  • Display
  • Software
  • Performance
  • Battery Life
  • Camera
  • Value for Money
  • Good
  • Big upgrades over the 14
  • Excellent ergonomics, build quality
  • Very good all-round performance
  • Apple ecosystem benefits
  • Bad
  • Relatively slow charging
  • Expensive
  • Still a 60Hz display
Read detailed Apple iPhone 15 review
Display 6.10-inch
Processor Apple A16 Bionic
Front Camera 12-megapixel
Rear Camera 48-megapixel + 12-megapixel
RAM 6GB
Storage 128GB, 256GB, 512GB
OS iOS 17
Resolution 1179x2556 pixels
Apple iPhone 15 Pro Max

Apple iPhone 15 Pro Max

  • REVIEW
  • KEY SPECS
  • NEWS
  • Design
  • Display
  • Software
  • Performance
  • Battery Life
  • Camera
  • Value for Money
  • Good
  • Excellent display
  • USB Type-C
  • AAA gaming
  • Excellent all-round performance
  • Good primary and telephoto camera
  • Customisable Action Button
  • Bad
  • Gets hot quickly when stressed
  • Slow wired charging
  • Expensive
Read detailed Apple iPhone 15 Pro Max review
Display 6.70-inch
Processor Apple A17 Pro
Front Camera 12-megapixel
Rear Camera 48-megapixel + 12-megapixel + 12-megapixel
RAM 8GB
Storage 256GB, 512GB, 1TB
OS iOS 17
Resolution 1290x2796 pixels
iPhone 14

iPhone 14

  • REVIEW
  • KEY SPECS
  • NEWS
  • Design
  • Display
  • Software
  • Performance
  • Battery Life
  • Camera
  • Value for Money
  • Good
  • Good overall performance
  • Great camera quality in daylight
  • iOS ecosystem and ease of use
  • Bad
  • Dated design and notch
  • Very similar to iPhone 13
  • Relatively slow charging
  • Expensive
Read detailed Apple iPhone 14 review
Display 6.06-inch
Processor Apple A15 Bionic
Front Camera 12-megapixel
Rear Camera 12-megapixel + 12-megapixel
Storage 128GB, 256GB, 512GB
OS iOS 16
Resolution 1170x2532 pixels
iPhone 14 Pro

iPhone 14 Pro

  • REVIEW
  • KEY SPECS
  • NEWS
  • Design
  • Display
  • Software
  • Performance
  • Battery Life
  • Camera
  • Value for Money
  • Good
  • Superb display with always-on mode
  • Excellent overall performance
  • Good battery life
  • All cameras take high-quality stills and video
  • Regular iOS updates for many years
  • Bad
  • Extremely expensive
  • Relatively slow charging and transfer speed
  • Gets warm under heavy workloads
  • Limited customisation for Dynamic Island
Read detailed Apple iPhone 14 Pro review
Display 6.10-inch
Processor Apple A16 Bionic
Front Camera 12-megapixel
Rear Camera 48-megapixel + 12-megapixel + 12-megapixel
RAM 6GB
Storage 128GB, 256GB, 512GB, 1TB
OS iOS 16
Resolution 1179x2556 pixels
iPhone 14 Plus

iPhone 14 Plus

  • REVIEW
  • KEY SPECS
  • NEWS
  • Design
  • Display
  • Software
  • Performance
  • Battery Life
  • Camera
  • Value for Money
  • Good
  • Good overall performance
  • Great camera quality in daylight
  • iOS ecosystem and ease of use
  • Excellent battery life
  • Bad
  • Dated design and notch
  • Same SoC as iPhone 13 series
  • Relatively slow charging
  • Expensive
Read detailed Apple iPhone 14 Plus review
Display 6.68-inch
Processor Apple A15 Bionic
Front Camera 12-megapixel
Rear Camera 12-megapixel + 12-megapixel
Storage 128GB, 256GB, 512GB
OS iOS 16
Resolution 1284x2778 pixels
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Further reading: iPhone 15 Pro, iPhone 15 Pro Price, iPhone 15 Pro Max, iPhone 15 Pro Max Price, iPhone 15, iPhone 15 Plus, iPhone 15 Price, iPhone 15 Plus Price, Apple, iPhone 14, iPhone 14 Plus, iPhone 14 Pro Max, iPhone 14 Pro
Nithya P Nair
Nithya P Nair
Nithya P Nair is a journalist with more than five years of experience in digital journalism. She specialises in business and technology beats. A foodie at heart, Nithya loves exploring new places (read cuisines) and sneaking in Malayalam movie dialogues to spice up conversations. More
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iPhone 15 Pro Models May Cost Up to $200 More Than iPhone 14 Pro Variants: Report
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